Artificial intelligence has stolen headlines this year since OpenAI debuted its ChatGPT service in late 2022. Yahoo Finance tech editor Dan Howley breaks down the directions tech giants have taken in 2023 to capitalize on growing AI trends and plans for corporate adoption...
Continue ReadingAmazon.com Inc's self-driving vehicle unit Zoox has grown its headcount by about 16% at a time when access to capital is tight and other large companies have exited the autonomous driving sector. Amazon's shares were 1.2% higher at $128.84 in early afternoon trading. Based in California, Zoox, has ramped up its efforts to test its driverless robotaxi on pubic roads of Las Vegas since June 16, where the autonomous vehicle without a steering wheel or pedals has been driving itself around with the company's employees...
Continue ReadingGoogle parent company Alphabet has received several analyst downgrades citing tightening competition in the tech space. UBS Equity Research Analyst Lloyd Walmsley joins Yahoo Finance Live to discuss Alphabet's headwinds on capital gains and how other tech giants are utilizing artificial intelligence in their products...
Continue ReadingBetting on a powerful secular trend, like streaming entertainment, can be a solid investment strategy. In particular, Roku (NASDAQ: ROKU) is a business that appears to be in a good position to benefit from consumers cutting the cord, as well as advertising dollars moving over to connected TV. Investors who want to bet on the growth of the streaming industry might be leaning toward adding Roku shares to their portfolios...
Continue ReadingAlibaba downgraded, Kellogg upgraded: Wall Street's top analyst calls...
Continue ReadingLawmakers don't understand AI well enough to regulate it, says Greg Valliere, chief U.S. policy strategist at AGF Investments...
Continue ReadingHere is how Alphabet Inc. (GOOG) and Alphabet (GOOGL) have performed compared to their sector so far this year...
Continue Reading(Bloomberg) -- Alphabet Inc. received another downgrade on Tuesday, with Bernstein becoming the latest firm on Wall Street to step away from the Google parent company.Most Read from BloombergStudent Loan-Relief Backers Warn Biden ‘Failure Isn’t an Option’Wagner Chief Lands in Belarus as Putin Says ‘Civil War’ AvertedPutin Blasts Wagner ‘Traitors’ as Prigozhin Defends RevoltPickleball Injuries May Cost Americans Nearly $400 Million This Year, According to UBSRussia Latest: Mutiny Leader Prigozhin...
Continue ReadingYahoo Finance Live breaks down the day's top stories, including: Stocks attempt to recover after losing a little ground on Monday. Walgreens Boots Alliance slashed its full-year earnings guidance, citing a drop in consumer spending and demand for Covid-related products. Google-parent Alphabet was downgraded for a second day in a row. Tuesday's downgrade came from Bernstein, which cited increased competition for the cut...
Continue ReadingA new UBS report says that pickleball-related medical costs are surging — up 156% this year alone...
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